Free Trial

10Y Yield Settles Above 4%

HUNGARY
  • USDHUF has been retracing lower in the past two days after reaching a local high at 324.10 yesterday; support to watch on the downside stands at 320, followed by 318.30. On the topside, next resistance to watch above 324.10 stands at 325.
  • EURHUF has been consolidating lower in the past week, currently trading at the low of its 1W range (363); next support to watch on the downside stands at 360. On the topside, first resistance stands at 365, followed by 367.30.
  • Hungary 10Y yield broke above the 4% key resistance yesterday; next key resistance to watch on the topside stands at 4.24%. On the downside, first support stands at 3.91%, followed by 3.82%.

Source: Bloomberg

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.